Deere's most recent trend suggests a bullish bias. One trading opportunity on Deere is a Bull Put Spread using a strike $85.00 short put and a strike $80.00 long put offers a potential 7.07% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $85.00 by expiration. The full premium credit of $0.33 would be kept by the premium seller. The risk of $4.67 would be incurred if the stock dropped below the $80.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Deere is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Deere is bullish.
The RSI indicator is at 41.3 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Deere
Deere & Company: 7.7% Return On Investment
Wed, 16 Jul 2014 02:36:15 GMT
Deere: A Cheap Dividend Stock With Potential
Fri, 11 Jul 2014 05:07:56 GMT
Deere Gets Tax Break for its Waterloo Engineering Center
Thu, 10 Jul 2014 19:45:08 GMT
Agriculture industry seeks to create right to farm
Thu, 10 Jul 2014 19:32:50 GMT
This Company Makes Caterpillar Look Expensive
Thu, 10 Jul 2014 19:02:48 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook